ECB President Lagarde: It is not advisable to arbitrarily decide to raise interest rates by 50 basis points based solely on economic forecasts
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Odaily Odaily reported that European Central Bank President Christine Lagarde said that the pace of interest rate cuts will be determined later. It is not advisable to arbitrarily decide to raise interest rates by 50 basis points based solely on our economic forecasts. We need to examine it carefully and be as meticulous as possible because we are getting closer and closer to a desired economic balance point. (Jinshi)
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